Egypt’s real estate sales hit EGP 1.048trn in nine months

Egypt’s real estate market recorded contractual sales of approximately EGP 1.048trn during the first nine months of 2026, covering around 64,500 residential, commercial and administrative units. Greater Cairo and the North Coast accounted for nearly three-quarters of total sales, according to a Property Intelligence report by KW Egypt.

The report showed that sales gained momentum in the second quarter, reaching EGP 454bn from approximately 27,500 units, compared with EGP 292bn and 17,700 units in the first quarter. In the third quarter, sales amounted to EGP 302bn, covering around 19,300 units.

Flexible payment plans remained a key feature of the market, with down payments ranging from zero to 10% and instalment periods extending from eight to 12 years.

Greater Cairo and North Coast dominate sales

Greater Cairo and the North Coast jointly accounted for 74.4% of total market sales during the January-September period, with combined sales of EGP 780bn.

East Cairo ranked first, recording sales of EGP 415bn and a market share of 39.6%, followed by the North Coast with EGP 365bn, representing 34.8% of total sales.

West Cairo, Ain Sokhna and the New Administrative Capital collectively generated EGP 201bn, accounting for 19.2% of sales, while other areas recorded EGP 67bn, or 6.4%.

The geographical concentration remained evident in the third quarter, when the North Coast and East Cairo together generated EGP 227bn, representing around 75% of total sales during the period. The North Coast accounted for EGP 132bn, while East Cairo recorded EGP 95bn.

Ain Sokhna followed with EGP 23bn, while West Cairo generated EGP 20bn and the New Administrative Capital recorded EGP 12bn. Other areas contributed a further EGP 20bn.

Top 10 developers generate EGP 955bn in sales

The country’s 10 largest real estate developers recorded combined sales of EGP 955bn from approximately 55,500 units during the first nine months of 2026.

Talaat Moustafa Group topped the ranking with sales of EGP 301bn, followed by Palm Hills Developments with EGP 184bn and Mountain View with EGP 85bn.

Hyde Park Developments ranked fourth with EGP 75bn, followed by Emaar Misr with EGP 72bn and Tatweer Misr with EGP 68bn.

MODON Egypt recorded sales of EGP 65bn, while Madinet Masr generated EGP 38bn. G Developments and La Vista Developments followed with EGP 36bn and EGP 31bn, respectively.

Other developers collectively generated an additional EGP 93bn through sales of approximately 9,000 units.

Residential prices across key markets

The North Coast recorded the highest average residential property price among the locations covered in the report, at EGP 168,000 per square metre.

Prices in October and Sheikh Zayed averaged EGP 113,000 per sqm, closely followed by New Cairo at EGP 112,000. Future City recorded an average of EGP 102,000 per sqm, while New Heliopolis and Ain Sokhna each averaged EGP 97,000.

The average price stood at EGP 92,000 per sqm in the Sixth Settlement and EGP 78,000 in the New Administrative Capital.

Commercial and administrative properties also recorded varying prices across major developments. In the retail segment, New Cairo had the highest average price at EGP 312,000 per sqm, followed by the New Administrative Capital at EGP 264,000 and October and Sheikh Zayed at EGP 235,000. The Sixth Settlement recorded an average of EGP 218,000 per sqm.

For administrative offices and medical clinics, average prices reached EGP 189,000 per sqm in New Cairo, EGP 154,000 in October and Sheikh Zayed, and EGP 152,000 in the New Administrative Capital.

Rental yields vary by location and unit size

Gross annual rental yields varied across locations and residential unit sizes, with the North Coast recording the highest returns among the areas covered for most unit categories.

In New Cairo, gross annual yields stood at 6.6% for two-bedroom units, 5.3% for three-bedroom properties and 5.8% for units with four or more bedrooms.

In Sheikh Zayed, the corresponding yields reached 5.92%, 5.16% and 7.22%, respectively.

The North Coast recorded yields of 8.2% for two-bedroom units, 7.6% for three-bedroom units and 8.16% for properties with four or more bedrooms.

In Ain Sokhna, yields stood at 5.13% for two-bedroom units, 6.14% for three-bedroom properties and 4.15% for units with four or more bedrooms.